Policy News Journal - 2012-13

NICs on their own employment income Profit Sharing Scheme EPA: Payments to employees of companies in receivership

In (from April 2013)

In (from April 2013)

Taxed Award Scheme

Out Out Out

Offshore Protocol

Contractor only (no employees)

Read the full press release from HMRC

HMRC REAL TIME INFORMATION REJECTION - THE FACTS

17 October 2012

CIPP members have today reported seeing news stories stating HMRC are now rejecting employers in the Real Time Information pilot after agreeing they could enter the pilot. The process is;

 Employers request pilot entry through their software supplier;  The software supplier volunteers their customers to HMRC;  HMRC confirms which employers will be accepted.

The fact of the matter………

HMRC requested no PAYE schemes/employers which included a CIS requirement, be put forward at this time for the pilot. It is not always possible for the software supplier to know the employer operates CIS, and as HMRC have begun final preparations for this latest batch of pilot employers, a small number of schemes have been identified as having a CIS requirement, and therefore HMRC has advised these employers they cannot join the pilot at this time. HMRC has confirmed to the CIPP this action is in no way a reflection on the RTI timetable, and has confirmed RTI is on track, and the pilot is still progressing with excellent results thus far.

HMRC STILL SHAPING THE PROPOSED REAL TIME INFORMATION PENALTY MODEL

23 October 2012

Over the summer months many of you completed our survey which helped us to respond to HMRC’s consultation document regarding securing compliance with RTI.

The Policy team would like to thank those of you who responded.

HMRC have spent the last few weeks considering all the responses they received and are well on their way to formulating their model for late filing penalties, but there are a few areas which they would like to explore further. The CIPP Policy team have volunteered to put these issues to members giving HMRC the best insight into customer opinion, however, as this is a very informal series of questions we have a very short deadline for replying to HMRC with your opinions. The Policy Team have created a very short survey and would be very grateful if you could spare ten minutes of your time before 30 October to provide HMRC with the answers to the further questions they have raised.

CIPP Policy News Journal

12/04/2013, Page 196 of 362

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